
Learn basic navigation of the Xero accounting system by exploring the dashboard, the business, accounting, projects, and contacts tabs, and accessing invoices, bills, and settings.
Connect your bank accounts to Xero to automate transactions with a live feed and auto-allocate them. Set up bank accounts, reconciliations, and cash coding to automate rules over manual entry.
connect your bank accounts to xero for real-time transaction automation, easing bank reconciliations and triaging, and avoid manual csv imports by using automatic syncing.
Use cash coding to reconcile cash payments by creating spend and receive money transactions. Avoid using cash coding for transactions entered into zero after reconciling items in reconciliation tab.
Set up expense claims in Xero, enable receipt analysis, assign expense accounts, track mileage, and review submissions with role permissions and real time cash flow insights.
Explore advanced Xero settings, including financial settings, starred reports and advanced menus, lock date controls, tax rates, reporting preferences, and conversion balances.
Track transactions by location using tracking categories in Xero, enabling two categories with up to 100 options each, and use them in reconciliations, invoices, and reports for insights.
Explore how to access and filter Xero's out of the box reports, and set up custom reporting for variance analysis using the budgeting tool in this Xero accounting course section.
Learn to use Xero's out-of-the-box basic reports, including aged payable summary, aged receivable summary, balance sheet, and income statement, through the dashboard with filters for real-time insights.
This course is taught by a designated CPA who also has over 15 years of professional experience. We will be starting from the very beginning, first by setting up a file from scratch and then working our way through every topic in Xero Accounting. We will be tackling every challenging topic but presenting it in a very digestible and understandable way. Accounting doesn't need to be hard :)
This course is based on practical real-life scenarios. We will fully walkthrough end to end examples together. We'll be connecting our bank accounts so that we can automate as much as possible. We'll also be walking through how to perform a bank reconciliation. Setting up products, services, quotes, invoices, bills and purchase orders are only some of the other areas we will be tackling from a business operations standpoint.
We then shift gears into the technical accounting side of things where we better understand the chart of accounts, setup new accounts like fixed assets and depreciation, along with entering manual journal entries and understanding best practices when it comes to accounting. We round out the course by understanding the out of the box reporting available to us along with setting up our own custom reporting.
The end goal is to have you feeling confident and comfortable with using Xero Accounting so that you can fully utilize this in your business or implement it for other businesses. Overall, you will finish this course and be fully equipped to tackle any business problem that comes your way with Xero Accounting!